H World Group (NASDAQ:HTHT) Stock Lifted to Buy by Wall Street Zen

H World Group (NASDAQ:HTHT) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other analysts also recently weighed in on HTHT. Weiss Ratings upgraded H World Group from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, November 2nd. Benchmark reaffirmed a “buy” rating on shares of H World Group in a research note on Tuesday, August 18th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $61.20.

H World Group Stock Up 0.9%

Shares of HTHT opened at $50.39 on Friday. The firm has a 50 day simple moving average of $45.30 and a two-hundred day simple moving average of $46.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.21 and a quick ratio of 1.20. H World Group has a one year low of $39.86 and a one year high of $56.63. The company has a market cap of $15.89 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.76 and a beta of 0.12.

H World Group (NASDAQ:HTHT) last issued its earnings results on Friday, August 14th. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.04. H World Group had a return on equity of 41.05% and a net margin of 18.90%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $998.88 million. Research analysts forecast that H World Group will post 2.49 EPS for the current fiscal year.

Institutional Trading of H World Group

A number of hedge funds and other institutional investors have recently modified their holdings of HTHT. Parallel Advisors LLC lifted its stake in shares of H World Group by 16.7% during the 1st quarter. Parallel Advisors LLC now owns 1,773 shares of the company’s stock valued at $89,000 after buying an additional 254 shares in the last quarter. Farther Finance Advisors LLC grew its stake in H World Group by 54.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,430 shares of the company’s stock valued at $61,000 after buying an additional 504 shares in the last quarter. Oddo BHF Asset Management Sas grew its stake in H World Group by 16.7% in the 1st quarter. Oddo BHF Asset Management Sas now owns 4,900 shares of the company’s stock valued at $246,000 after buying an additional 700 shares in the last quarter. Profund Advisors LLC raised its holdings in H World Group by 5.8% during the 3rd quarter. Profund Advisors LLC now owns 13,038 shares of the company’s stock valued at $558,000 after acquiring an additional 716 shares during the period. Finally, PNC Financial Services Group Inc. raised its holdings in H World Group by 21.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,062 shares of the company’s stock valued at $204,000 after acquiring an additional 723 shares during the period. Institutional investors own 46.41% of the company’s stock.

About H World Group

H World Group Limited is a hotel company that develops, operates, franchises and manages hotels. Its business includes both directly operated properties and hotels run by third-party owners under its brands and management or franchise arrangements. The company’s portfolio includes brands serving different market segments, such as HanTing, JI Hotel and Crystal Orange in China, as well as Steigenberger, IntercityHotel and Zleep Hotels through its European operations. Its offerings range from economy and midscale lodging to upscale hotels.